The Australian Dollar has surged by 90 pips or 1.41% against the US Dollar since Monday's trading session. The currency pair tested the weekly pivot point at 0.6455 on Tuesday morning.
The common European currency has declined by 144 pips or 1.22% against the Japanese Yen since May 1. The currency pair breached the 200– period simple moving average at 116.28 during yesterday's trading session.
Yesterday, the XAU/USD exchange rate tried to surpass the 100-hour SMA near 1,715.00. During Thursday morning, the rate broke the given moving average.
On Wednesday, the USD/JPY currency pair traded sideways in the 106.60 area. During today's morning, the pair maintained its consolidation.
Yesterday, the GBP/USD exchange rate tried to surpass the 1.2480 level. During Thursday morning, the rate pierced the weekly R1 at 1.2500.
On Wednesday, the EUR/USD currency pair tried to surpass the Fibo 23.60% at 1.0886. During today's morning, the pair re-tested the given level.
The New Zealand Dollar surged by 62 basis points or 1.02% against the US Dollar on Wednesday. A breakout occurred through the upper boundary of a dominant descending channel pattern during Thursday's trading session.
The US Dollar declined by 118 basis points or 0.84% against the Canadian Dollar on Wednesday. The currency pair tested the monthly S2 at 1.3853 on Thursday morning.
The Australian Dollar surged by 57 basis points or 0.88% against the US Dollar on Wednesday. The currency pair was guided higher by the 50– hour simple moving average during yesterday's trading session.
The common European currency surged by 58 basis points or 0.50% against the Japanese Yen on Wednesday. The currency pair tested the 100– hour simple moving average during yesterday's trading session.
On Tuesday, the XAU/USD exchange rate tried to surpass the resistance formed by the 55– and 100-hour SMAs near 1,715.00. During today's morning, the rate was testing the support formed by the 200-hour SMA and the monthly R1 at 1,705.00.
Yesterday, the USD/JPY currency pair remained below the 107.00 mark. During Wednesday morning, the pair was testing the support level—the weekly S3 at 106.44.
Yesterday, the GBP/USD exchange rate reversed south from the weekly R1 at 1.2500. During Wednesday morning, the rate broke the Fibo 50.00% at 1.2418.
On Tuesday, the EUR/USD currency pair failed to surpass the Fibo 23.30% at 1.0886. During today's morning, the pair was trading near 1.0850.
The New Zealand Dollar surge by 81 pips or 1.36% against the US Dollar on Tuesday. The currency pair breached the weekly R1 at 0.6098 during the Asian session on Wednesday.
The US Dollar declined more than 100 pips or 0.73% against the Canadian Dollar on Tuesday. The currency pair was pressured lower by the 50– hour simple moving average during yesterday's trading session.
The Australian Dollar surged by 74 pips or 1.15% against the US Dollar on Tuesday. The currency pair tested the weekly R2 at 0.6502 during yesterday's trading session.
The common European currency declined by 66 pips or 0.57% against the Japanese Yen on Tuesday. The currency pair breached the 115.60 area during yesterday's trading session.
On Monday, the XAU/USD exchange rate breached the short-term ascending channel south. During today's morning, the rate touched the 1,695.00 level.
Yesterday, the USD/JPY currency pair traded sideways around the weekly S1 at 107.20. During Tuesday morning, the pair dropped below the 106.80 level.
Yesterday, the GBP/USD exchange rate consolidated in the 1.2420 area. During Tuesday morning, the rate jumped to the weekly R1 at 1.2500.
On Monday, the EUR/USD currency pair traded sideways in the 1.0840 area. During today's morning, the pair skyrocketed to the Fibo 23.60% at 1.0868.
The New Zealand Dollar declined by 54 basis points or 0.89% against the US Dollar on Monday. The currency pair breached the 50– hour simple moving average during yesterday's trading session.
The US Dollar declined by 65 basis points or 0.46% against the Canadian Dollar on Monday. The currency pair tested the monthly pivot point at 1.4013 during yesterday's trading session.